Shanghai, Jan 25, 2026, 09:16 (GMT+8) — Market closed.
- Montage Technology’s A-shares dropped 4.69% on Friday, closing at 160.02 yuan.
- A lone block trade, valued at 6.32 million yuan, executed right at the closing price.
- Traders are bracing for further large-holder selling on Monday and closely monitoring signals from the memory-chip cycle.
Montage Technology Co., Ltd. A-shares (688008) dropped 4.69% on Friday, closing at 160.02 yuan. Exchange data showed a block trade of 39,500 shares, valued at 6.32 million yuan, executed at that same price.
This matters because Monday’s open offers mainland investors their first shot to react post-weekend, with the stock already down sharply in a single day and showing a clean block print—often a sign that bigger players are shifting positions.
A block trade is a pre-arranged deal executed on a separate platform instead of the regular order book. While it can limit market impact, it also draws attention to the potential large sellers behind the stock.
Friday’s trading was volatile. Shares swung between 158.01 yuan and 170.47 yuan, after closing at 167.90 yuan previously. Over the last 52 weeks, the stock has fluctuated from 62.00 yuan up to 181.80 yuan, according to data from Investing.com.
The company has positioned itself to investors as a bet on premium server platforms. In a January industry update, Montage highlighted that AI demand will continue to drive up storage requirements. They also noted that DDR5 — the faster, newer memory standard — is still gaining market share, which helps sustain product pricing and margins.
Beyond stock-specific moves, the server and memory sector is still in flux. Counterpoint Research projected earlier this month that memory prices will climb another 40%-50% in Q1 2026, following a comparable surge in late 2025. They also forecast an additional rise in the second quarter.
The downside is clear: if pricing momentum falters or demand wavers alongside the ups and downs of cloud and AI capex, these “memory-cycle” proxies could see a rapid market re-rating. Another wave of block trades would only heighten trader concerns about hidden supply lurking off-screen.
Investors in Montage are eyeing more than just daily trading moves. Reuters reported earlier this month that the company plans a Hong Kong share offering that might bring in $800 million to $1 billion, possibly kicking off as soon as late January.
Shanghai trading kicks back in on Monday, Jan. 26, with eyes on whether big holders push more selling or if buyers jump in fast, signaling the broader server-and-memory rally holds.
